The Appraisal Institute is a global membership association of
professional real estate appraisers, with nearly 23,000 members in
nearly 60 countries throughout the world. Its mission is to advance
professionalism and ethics, global standards, methodologies, and
practices through the professional development of property economics
worldwide.

Organized in 1932, the Appraisal Institute advocates equal
opportunity and nondiscrimination in the appraisal profession and
conducts its activities in accordance with applicable federal, state
and local laws. Members of the Appraisal Institute benefit from an
array of professional education and advocacy programs, and may hold
the prestigious MAI, SRPA and SRA designations.

The
MAI designation is held by appraisers who are experienced in the
valuation and evaluation of commercial, industrial, residential and
other types of properties, and who advise clients on real estate
investment decisions. The MAI designation is only granted to
individuals who have gone through a rigorous training program over a
period of at least five years. The requirements include a four year
college degree, extensive classroom education, peer review of
multiple years of their appraisal experience, a highly detailed
demonstration appraisal report of an income producing property and a
comprehensive four part examination.

CHAD B. HANES, MAI

Certified General Real Estate Appraiser,
State of Michigan #1201007812